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Finance and System of Provision of Water; The Case of Istanbul

Author

Listed:
  • Gaye Yilmaz

    (Bogazici University and Middle Eastern Technical University, Department of Political Science and Public Administration)

  • Ozlem Celik

    (Bogazici University and Middle Eastern Technical University, Department of Political Science and Public Administration)

Abstract

Unlike many other metropolises around the world, water supply in Instanbul has been subject to commercial practices since the 19th century. The difference today, however, it is in the stage of a privatisation process of water resources, rather than the provision of water itself to the consumers. The role of the state at different levels still has an important and major role in the provision of water. Even if the water resources are started to be privatised, the financialisation of water provision is quite limited. That is why this paper focuses on the changing finance tools and the changing role of the state in water provision in Istanbul in a historical context.

Suggested Citation

  • Gaye Yilmaz & Ozlem Celik, 2016. "Finance and System of Provision of Water; The Case of Istanbul," Working papers wpaper153, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    • Handle: RePEc:fes:wpaper:wpaper153
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    More about this item

    Keywords

    Istandbul; water provision; SoP; Systems of Provision.;
    All these keywords.

    JEL classification:

    • H4 - Public Economics - - Publicly Provided Goods
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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